OJSC Megafon, a biggest mobile operator in Russia, plans to invest about 3 billion EUR ($4.616 billion) in expanding business in Iran.

A Chinese plant initiated screw driver assembly of Mi 171 helicopters, a Russian leading military export item.

Virgin Group Ltd., an international conglomeration, is prepared to enter the Russian market. This week the company is to announce that the federal mobile operator Virgin using WiMAX technology is coming to 30 Russian cities.

OJSC Severstal, the key Russian steel producer, has completed the transaction on acquisition of American Sparrows Point plant. The amount of transaction made up $810 million.

London real estate has been in favour of Russian businessmen for several years already. Now it seems impossible to buy a house in London in a popular district less than for £10 million.